Carter’s, Inc. (NYSE:CRI) Given Average Rating of “Hold” by Analysts

Carter’s, Inc. (NYSE:CRI) has earned a consensus rating of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $39.6667.

A number of brokerages have recently weighed in on CRI. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Monness Crespi & Hardt lifted their target price on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. UBS Group lifted their target price on shares of Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Finally, Zacks Research cut shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th.

Institutional Trading of Carter’s

Several hedge funds and other institutional investors have recently bought and sold shares of CRI. Royal Bank of Canada grew its stake in Carter’s by 50.2% in the 1st quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock worth $1,663,000 after acquiring an additional 13,594 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Carter’s by 5.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,964 shares of the textile maker’s stock valued at $4,947,000 after buying an additional 6,195 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Carter’s by 4.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 16,482 shares of the textile maker’s stock valued at $497,000 after buying an additional 734 shares during the period. Hsbc Holdings PLC grew its stake in shares of Carter’s by 71.5% during the 2nd quarter. Hsbc Holdings PLC now owns 9,390 shares of the textile maker’s stock valued at $282,000 after buying an additional 3,915 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Carter’s by 30.4% during the 2nd quarter. Invesco Ltd. now owns 223,731 shares of the textile maker’s stock valued at $6,741,000 after buying an additional 52,103 shares during the period.

Carter’s Trading Up 1.5%

Shares of CRI opened at $39.77 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The firm has a 50 day simple moving average of $36.70 and a 200-day simple moving average of $35.55. Carter’s has a 1-year low of $23.38 and a 1-year high of $44.44. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 16.03 and a beta of 0.87.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. During the same period last year, the company posted $0.66 EPS. The company’s revenue was up 8.1% on a year-over-year basis. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Equities analysts forecast that Carter’s will post 3.09 EPS for the current fiscal year.

Carter’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, May 26th. Carter’s’s payout ratio is presently 40.32%.

About Carter’s

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.